2 Semiconductor Stocks Wall Street Predicts Will Rally by More Than 35%

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The foundries have been raising their wafer prices and adjusting their product mixes to ensure profitability. As a result, the chip giants’ profit margins are increasing significantly.

Given the industry’s promising growth prospects, Wall Street analysts expect semiconductor stocks Semtech Corporation (SMTC) and Alpha and Omega Semiconductor Limited (AOSL) to rally more than 35% in the near term.

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